Advent Convertible and Income Fund

Advent Convertible and Income Fundverified

AVK

Price:

$12.1371

Market Cap:

$419.87M

Advent Claymore Convertible Securities and Income Fund is a closed-ended fixed income mutual fund launched and managed by Advent Capital Management, LLC. The fund primarily invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across the diversified sectors. The fund invests approximately 60% of its portfolio in convertible securities and rest in lower-grade non-convertible income securities. It employs fundamental analysis to create its portfolio. Advent Claymore Convertible Securities and Income Fund was formed on April 29, 2003 and is domiciled in the United States.[Read more]

Industry

Asset Management - Income

IPO Date

2003-04-30

Stock Exchange

NYSE

Ticker

AVK

The Enterprise Value as of September 2024 (TTM) for Advent Convertible and Income Fund (AVK) is 733.58M

According to Advent Convertible and Income Fund’s latest financial reports and current stock price. The company's current Enterprise Value is 733.58M. This represents a change of 2.48% compared to the average of 715.83M of the last 4 quarters.

Advent Convertible and Income Fund (AVK) Historical Enterprise Value (quarterly & annually)

How has AVK Enterprise Value performed in the past?

The mean historical Enterprise Value of Advent Convertible and Income Fund over the last ten years is 9.86B. The current 733.58M Enterprise Value has changed 644.22% with respect to the historical average. Over the past ten years (40 quarters), AVK's Enterprise Value was at its highest in in the October 2021 quarter at 986.94M. The Enterprise Value was at its lowest in in the April 2018 quarter at 531.41M.

Quarterly (TTM)
Annual

Average

9.86B

Median

774.00M

Minimum

593.79M

Maximum

91.73B

Advent Convertible and Income Fund (AVK) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Advent Convertible and Income Fund Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 15.35%

Maximum Annual Enterprise Value = 91.73B

Minimum Annual Increase = -99.35%

Minimum Annual Enterprise Value = 593.79M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2023676.40M-10.30%
2022754.10M-23.59%
2021986.94M24.32%
2020793.89M-11.49%
2019896.99M3.35%
2018867.95M45.84%
2017595.15M-99.35%
201691.73B15.35%
2015593.79M-11.49%
2014670.84M-0.94%

Advent Convertible and Income Fund (AVK) Average Enterprise Value

How has AVK Enterprise Value performed in the past?

The current Enterprise Value of Advent Convertible and Income Fund (AVK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

805.82M

5-year avg

821.67M

10-year avg

9.86B

Advent Convertible and Income Fund (AVK) Enterprise Value vs. Peers

How is AVK’s Enterprise Value compared to its peers?

Advent Convertible and Income Fund’s Enterprise Value is greater than Nuveen Short Duration Credit Opportunities Fund (134.99M), greater than Nuveen Global High Income Fund (420.72M), greater than Nuveen Senior Income Fund (259.73M), less than Blackstone/GSO Strategic Credit Fund (880.54M), greater than Thornburg Income Builder Opportunities Trust (567.08M), less than Western Asset Diversified Income Fund (1.16B), greater than Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (517.11M), greater than Cohen & Steers Real Estate Opportunities Income Fund (0), greater than Legg Mason BW Global Income Opportunities Fund Inc. (260.46M), greater than Western Asset Global High Income Fund Inc. (244.83M), greater than Pioneer Floating Rate Fund, Inc. (184.84M), greater than Nuveen Core Equity Alpha Fund (248.87M), greater than BlackRock MuniHoldings Fund, Inc. (668.58M), greater than DTF Tax-Free Income 2028 Term Fund Inc. (77.09M), greater than John Hancock Income Securities Trust (226.08M), greater than MFS Investment Grade Municipal Trust (111.03M), greater than Virtus Convertible & Income 2024 Target Term Fund (179.18M), less than Nuveen Taxable Municipal Income Fund (734.63M), less than BlackRock Taxable Municipal Bond Trust (1.66B), greater than DWS Municipal Income Trust (407.36M), greater than Eaton Vance Senior Income Trust (117.85M),

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Frequently asked questions❓

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What is Advent Convertible and Income Fund's Enterprise Value?

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What is the 3-year average Enterprise Value for Advent Convertible and Income Fund (AVK)?

What is the 5-year average Enterprise Value for Advent Convertible and Income Fund (AVK)?

How does the current Enterprise Value for Advent Convertible and Income Fund (AVK) compare to its historical average?